M M Forgings Limited (BOM:522241)

M M Forgings Statistics

Total Valuation

M M Forgings has a market cap or net worth of INR 19.01 billion. The enterprise value is 29.70 billion.

Market Cap	19.01B
Enterprise Value	29.70B

Important Dates

The last earnings date was Friday, November 14, 2025.

Earnings Date	Nov 14, 2025
Ex-Dividend Date	Jul 30, 2025

Share Statistics

M M Forgings has 48.28 million shares outstanding. The number of shares has decreased by -0.43% in one year.

Current Share Class	48.28M
Shares Outstanding	48.28M
Shares Change (YoY)	-0.43%
Shares Change (QoQ)	-0.02%
Owned by Insiders (%)	33.09%
Owned by Institutions (%)	11.78%
Float	18.79M

Valuation Ratios

The trailing PE ratio is 19.89 and the forward PE ratio is 16.97.

PE Ratio	19.89
Forward PE	16.97
PS Ratio	1.27
PB Ratio	2.05
P/TBV Ratio	2.05
P/FCF Ratio	n/a
P/OCF Ratio	10.46
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.77, with an EV/FCF ratio of -46.40.

EV / Earnings	31.07
EV / Sales	1.99
EV / EBITDA	10.77
EV / EBIT	16.65
EV / FCF	-46.40

Financial Position

The company has a current ratio of 1.32, with a Debt / Equity ratio of 1.40.

Current Ratio	1.32
Quick Ratio	0.78
Debt / Equity	1.40
Debt / EBITDA	4.72
Debt / FCF	-20.34
Interest Coverage	2.60

Financial Efficiency

Return on equity (ROE) is 10.75% and return on invested capital (ROIC) is 5.25%.

Return on Equity (ROE)	10.75%
Return on Assets (ROA)	4.68%
Return on Invested Capital (ROIC)	5.25%
Return on Capital Employed (ROCE)	10.62%
Revenue Per Employee	6.49M
Profits Per Employee	416,207
Employee Count	2,297
Asset Turnover	0.63
Inventory Turnover	1.81

Taxes

In the past 12 months, M M Forgings has paid 358.59 million in taxes.

Income Tax	358.59M
Effective Tax Rate	27.28%

Stock Price Statistics

The stock price has decreased by -5.22% in the last 52 weeks. The beta is 0.53, so M M Forgings's price volatility has been lower than the market average.

Beta (5Y)	0.53
52-Week Price Change	-5.22%
50-Day Moving Average	361.36
200-Day Moving Average	344.72
Relative Strength Index (RSI)	51.69
Average Volume (20 Days)	18,937

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, M M Forgings had revenue of INR 14.91 billion and earned 956.03 million in profits. Earnings per share was 19.80.

Revenue	14.91B
Gross Profit	7.99B
Operating Income	1.78B
Pretax Income	1.31B
Net Income	956.03M
EBITDA	2.76B
EBIT	1.78B
Earnings Per Share (EPS)	19.80

Balance Sheet

The company has 2.33 billion in cash and 13.02 billion in debt, with a net cash position of -10.69 billion or -221.37 per share.

Cash & Cash Equivalents	2.33B
Total Debt	13.02B
Net Cash	-10.69B
Net Cash Per Share	-221.37
Equity (Book Value)	9.27B
Book Value Per Share	191.85
Working Capital	2.58B

Cash Flow

In the last 12 months, operating cash flow was 1.82 billion and capital expenditures -2.46 billion, giving a free cash flow of -640.17 million.

Operating Cash Flow	1.82B
Capital Expenditures	-2.46B
Free Cash Flow	-640.17M
FCF Per Share	-13.26

Margins

Gross margin is 53.60%, with operating and profit margins of 11.96% and 6.41%.

Gross Margin	53.60%
Operating Margin	11.96%
Pretax Margin	8.82%
Profit Margin	6.41%
EBITDA Margin	18.50%
EBIT Margin	11.96%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 4.00, which amounts to a dividend yield of 1.05%.

Dividend Per Share	4.00
Dividend Yield	1.05%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	20.20%
Buyback Yield	0.43%
Shareholder Yield	1.43%
Earnings Yield	5.03%
FCF Yield	-3.37%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 16, 2024. It was a forward split with a ratio of 2.

Last Split Date	Jul 16, 2024
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	4